Veebee Yarnntex Private Limited

Produces high-quality cotton yarn for luxury home textiles and premium fabrics.

2004 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Veebee Yarnntex Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 21 Year, 28 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 250.97 Cr
  • Satisfied Charges ₹ 190.99 Cr
  • Revenue Growth 16.42%
  • Profit Growth -105.86%
  • Ebitda -57.19%
  • Net Worth -2.27%
  • Total Assets 2.96%

About Veebee Yarnntex

Veebee Yarnntex Private Limited (VYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2004 and has a history of 21 years. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Corporate was formerly known as Shree V B Spintex Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹250.97 Cr. The company has closed loans amounting to ₹190.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veebee Yarnntex Private Limited India is Natarajan Santhi as COMPANY SECRETARY. Alagarsamy Saravanakumar and Saravanakumar Ramapriya serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TN2004PTC052510

  • Company No.

    052510

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Veebee Yarnntex?

Executive Team (2)

NameDesignationAppointment DateStatus
Alagarsamy Saravanakumar Country flag representing In Managing Director11-Feb-2004Current
Natarajan Santhi Company Secretary25-Mar-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Saravanakumar Ramapriya Country flag representing In Whole-Time Director 11-Feb-2004Current

Financial Performance of Veebee Yarnntex.

Veebee Yarnntex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.42% increase. The company also saw a substantial fall in profitability, with a 105.86% decrease in profit. The company's net worth dipped by a decrease of 2.27%.

Veebee Yarnntex revenue growth over time
Veebee Yarnntex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.42%
Revenue from Operations
16.15%
Total Assets
2.96%
Profit or Loss
-105.86%
Net Worth
-2.27%
EBITDA
-57.19%

What is the Ownership and Shareholding Structure of Veebee Yarnntex?

In 2023, Veebee Yarnntex had a promoter holding of 74.75% and a public holding of 25.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.97 Cr

Satisfied Charges

₹190.99 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 212.31 Cr
  • Hdfc Bank Limited : 38.57 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2021Hdfc Bank Limited₹38.57 CrOpen
01 Dec 2021State Bank Of India₹212.31 CrOpen
18 Mar 2021Others₹0.86 MOpen
30 Jul 2021Axis Bank Limited₹33.00 CrSatisfied
08 Sep 2007Tamilnadu Mercantile Bank Ltd₹0.45 MSatisfied

How Many Employees Work at Veebee Yarnntex?

Veebee Yarnntex has a workforce of 967 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Veebee Yarnntex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veebee Yarnntex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veebee Yarnntex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veebee Yarnntex

Recent activity within the organization

  • Annual General Meeting

    Veebee Yarnntex Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veebee Yarnntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with State Bank Of India of Rs. 212.31 Cr registered on 01 Dec 2021 with Charge ID 100513629 was modified on 21 Sep 2023.

  • Charges

    A charge registered on 30 Jul 2021 via Charge ID 100473588 with Axis Bank Limited was fully satisfied on 18 Feb 2022.

  • Charges

    A charge registered on 21 Dec 2005 via Charge ID 90287092 with Others was fully satisfied on 15 Feb 2022.

  • Charges

    A charge registered on 24 Mar 2007 via Charge ID 10051711 with Bank Of India was fully satisfied on 14 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Veebee Yarnntex Private Limited?

    Veebee Yarnntex Private Limited was incorporated on 11 Feb 2004.

  • What is authorized share capital and paid-up capital of Veebee Yarnntex Private Limited?

    The authorized share capital of Veebee Yarnntex Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Who are the current board members & directors of Veebee Yarnntex Private Limited?

    Currently 3 directors are associated with Veebee Yarnntex Private Limited.

    • Alagarsamy Saravanakumar
    • Saravanakumar Ramapriya
    • Natarajan Santhi

  • What is the registered address of Veebee Yarnntex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veebee Yarnntex Private Limited is Subburaaj Cotton Mill Private Limited Premise Srivilliputtur Road Kothankulam Village, India, Rajapalayam, Tamil Nadu, 626117.

  • What is the corporate identification number (CIN) and company number of Veebee Yarnntex Private Limited?

    The corporate identification number (CIN) of Veebee Yarnntex Private Limited is U17111TN2004PTC052510 and the company number is 052510 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Veebee Yarnntex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veebee Yarnntex Private Limited has risen by 16.42%.

  • How many employees does Veebee Yarnntex Private Limited currently have?

    As Per 2023 financial reports, 967 employees are currently employed by Veebee Yarnntex Private Limited.

  • What change has been observed in the net worth of Veebee Yarnntex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veebee Yarnntex Private Limited has experienced an downturn of -2.27%.

  • What are the total open charges for Veebee Yarnntex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veebee Yarnntex Private Limited amount to ₹ 250.97 Cr.

  • When was the last Balance Sheet of Veebee Yarnntex Private Limited filed with the ROC?

    The most recent Balance Sheet for Veebee Yarnntex Private Limited was filed with the ROC on 31 Mar 2024.

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